Remember that Netflix price increase? A lot of potential subscribers did, resulting in fewer-than-expected sign-ups. That, and an austere outlook for earnings, has investors spooked.
A survey from CIRP finds almost all Prime members will renew their subscriptions despite the recent bump to $99 a year.
Stronger demand for business PCs has delivered better-than-expected second-quarter sales for Intel.
The new, higher price only affects new subscribers, the streaming service says, with existing Netflix customers exempt from paying extra for two years.
The company says it's "encouraged" by week-over-week subscriber growth over the last several weeks.
The online video service is planning its first US price hike since 2011 -- the year it lost thousands of subscribers after a failed attempt to split its DVD rental and on-demand services.
Netflix reported first-quarter profit that beat analysts' expectations. The online video service also said it may raise prices by as much as $2 a month for new subscribers.
Because of a rise in royalty rates paid to musicians, all new subscribers to the streaming music service's premium option will have to pay a dollar more per month than existing users.
The competitor promotes its own $79 membership while saying Amazon is spending too much on its fight with Netflix.
Consumers may need to get ready for rate increases every few years as Amazon races to add services and programming to justify the hikes.